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3327 North Sheffield Avenue...

Updated Sep 9, 2024

IProperties Acquires Multifamily Property In Chicago For $1.275M
SOLDMultiFamily

IProperties Acquires Multifamily Property In Chicago For $1.275M

3327 North Sheffield Avenue, Chicago, IL 60657, USA

$1,275,000

$395/SF

Building Size

3,225 SF

Asset Type

MultiFamily

Closing

Nov 17, 2021

About this deal

AI

A multifamily property located at 3327 N Sheffield Ave in Chicago has been sold for a price of $1,275,000. The property consists of 4 units, resulting in a price per unit of $318,750. The sale took place on 11/17/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,275,000
  • Address: 3327 N Sheffield Ave, Chicago
  • Market: Chicago

Eun Hee Jung from iProperties represented the buyer in this transaction, while Nicholas Apostal from Keller Williams ONEChicago acted as the seller's representative.

On the Map

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$1,275,000

$395/SF

MultiFamily

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Players

Nicholas Apostal

Keller Williams Realty

Broker

$5.3M

vol

4 deals

Broker
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Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $395 per square foot on a published $1.3M for 3,225 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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